What’s Causing the recent drop in Home Prices?

There are more homes on the market and asking prices are coming down. But how low will prices go before the market favors sellers again? Markets around the country have seen home prices decline over the last several months, but economic conditions aren’t likely to blame for the dip. So … [Read more...]

5 Items to Consider Before Dropping your home Price

When a house won’t sell, the answer is often to drop the price, but how much and when? The following are some items to consider before dropping a home's price, according to several real estate professionals, mostly based in Long Island, N.Y.: 1. Price the house right to begin with … [Read more...]